Beyond Fossil Fuels: Fiscal Transition BRICS | Case Study: Brazil
Summary
This case study, part of a larger report on BRICS nations, analyzes the fiscal relationship between the Brazilian government and fossil fuels, focusing on revenue dependence and the impact of subsidies.
Key insights
- In 2017, fossil fuels accounted for 55% of Brazil's primary energy supply, and taxes and other revenues derived from fossil fuel production and consumption represented 6.8% of general government revenue.
- The Brazilian government budget is negatively impacted by subsidies provided to both the production and consumption of fossil fuels. The document suggests that phasing out these subsidies equitably would increase government revenues and support a transition to clean energy.
- Brazil needs to prepare its budget for a fiscal transition as the clean energy transition may reduce government revenues through falling fossil fuel prices and a long-term decrease in the absolute volume of production and consumption.
Cite the original document
- APA
- Kühne,, J. R. (2019). Beyond Fossil Fuels: Fiscal Transition BRICS | Case Study: Brazil. International Institute for Sustainable Development. https://www.iisd.org/publications/beyond-fossil-fuels-brazil
- Chicago
- Kühne,, Joachim Roth,Kjell. Beyond Fossil Fuels: Fiscal Transition BRICS | Case Study: Brazil. International Institute for Sustainable Development, 2019. https://www.iisd.org/publications/beyond-fossil-fuels-brazil.
- Wikipedia
- {{cite report |last1=Kühne, |first1=Joachim Roth,Kjell |title=Beyond Fossil Fuels: Fiscal Transition BRICS | Case Study: Brazil |publisher=International Institute for Sustainable Development |date=12 November 2019 |url=https://www.iisd.org/publications/beyond-fossil-fuels-brazil |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{khne2019beyond, author = {Kühne,, Joachim Roth,Kjell}, title = {{Beyond Fossil Fuels: Fiscal Transition BRICS | Case Study: Brazil}}, institution = {International Institute for Sustainable Development}, year = {2019}, month = nov, url = {https://www.iisd.org/publications/beyond-fossil-fuels-brazil}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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